110 S Cowen Street Garrett, IN $ 220,000
110 S Cowen Street
$ 220,000
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110 S Cowen Street

Garrett, IN, 46738
$ 220,000
Bedrooms5 Baths3.0 Sq 2,272

Monthly Estimate*

$ 1,389

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Multi-Family Home for sale in Garrett, IN

for $220,000 with 5 bedrooms and 3 full baths. This 2,272 square foot home was built in 1900.

TRIPLEX in DeKalb County. This brick home situated on 2 lots near downtown Garrett is a turn key investment. Unit 1 (vacant for showings:upstairs) rents is a 3 bed 1 bath and rents for $975, unit 2 is 1 bed 1 bath and rents for $685 (month to month lease, unit 3 is a 1 bed 1 bath and rents for $675 (expires 1-31-27). $2335 monthly income! Property insurance is $926/yr and taxes are $2843/yr. Each unit is RUBS Water/sewer/trash. Professional management in place. 1 water/sewer meter, 3 electric meters, basement access from exterior. Each unit has a stove/refrigerator. Unit 1 has a gas furnace (1 gas meter). Unit 2 is electric baseboard. Unit 3 is all electric baseboard heat. Parking in the rear of unit. Owner pays to mow lawn. Year 1 Estimated Value: $228,800 Year 1 Appreciation Gain: $8,800 Year 1 ROI on Cash Invested: 19.6% Year 5 Estimated Value: $267,664 Year 5 Appreciation Gain: $47,664 Year 5 ROI on Cash Invested: 105.9%

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Multi-Family Active

Price

$ 220,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,843

Style

Triplex

Year Built

1900

Town/City

Garrett

County/Region

De Kalb

MLS | Web ID

202625190

Features
General
Heating Baseboard Forced Air
Cooling Window
Sewer City
Status Active Active
Full Baths 3
Half Baths 0
Bathrooms 3
Year Built 1900
Parking Gravel
New Construction No
Tenant Pays Cable Cooling Electric Fuel Sewer Trash Collection Water
Subdivision None
Style Two Story
Stories Count 2
Township Keyser
Class INVESTMENT
Type Triplex
Age 126
Net Income 24851
Rent Income 28620
Features Basement Ceiling Fan Fireplace Off Street Parking Ceiling-9+ Detector-Carbon Monoxide Detector-Smoke Water Heater Electric Sump Pump
REO No
Status Detail 0
Area Dekalb County
Location City/Town/Suburb
High School Garrett
City Garrett
School District Garrett Keyser Butler
Total Sq Ft 3342
Elementary School J.E. Ober
Middle School Garrett
Legal Description OP
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202625190
Agent First Name Tammie
Agent Last Name Jones
DOM 1
Tax Year 2026
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Interior
Basement Full Basement
Flooring Carpet Laminate
Beds 5
Total Number of Units 3
Microwaves 0
Refrigerators 3
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 3
W/D Hookups 0
Basement Material Block
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Exterior
Exterior Brick
Pool No
Number of Parking Spaces 6
Lot Size Area 6098
Lot Dimensions 50*125
Lot Description Slope
Water Meters 1
Electric Meters 3
Outbuilding None
Gas Meters 1
Waterfront Y/N No
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* Excluded Features
List By
Tammie Jones

Listing Agent

Open Door Rentals And Real Est

Broker

tammie@opendoorrandr.com

Email

Affordability Calculator

$1,626
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,389
Monthly Property Taxes
$237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237432 Elementary School
5156302 Middle School
Garrett High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2026$220,000 Listed Price

Map


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110 S Cowen Street, Garrett, IN, 46738 is a Multi-Family Home for sale at $220,000 with 2,272 sqft. 110 S Cowen Street has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 46738 which is in Garrett, IN